US Inflation Holds at 3.4%: Will Bitcoin Dodge a September Fed Hike?

US inflation held at 3.4% in July, matching Wall Street forecasts, while core prices cooled to 2.5%. The in-line report keeps a September Federal Reserve rate hike a live coin flip for Bitcoin (BTC) traders. The Bureau of Labor Statistics published the data on Wednesday. Rate futures now split almost evenly between a hold and The post US Inflation Holds at 3.4%: Will Bitcoin Dodge a September Fed Hike? appeared first on BeInCrypto.